Financial Statements

Visa Inc. (V)

$199.03

+1.66 (+0.84%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 14,08813,50211,3189,508-
Net Income 12,31110,86612,08010,3016,699
Stock Dividends -8,250-7,616-7,627-6,5734,388
Dividend Paid -2,798-2,664-2,269-1,918-1,579
Retained Earnings 15,35114,08813,50211,3189,508

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,7372,6952,4722,253-
Annual Depreciation 6837789799372,960
Capital Expenditure -705-736-756-718-707
Net PPE 2,7152,7372,6952,4722,253

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -15,11015,19415,65615,910
New Purchases -3,284-5,822-3,154-2,342-5,182
Intangible and Goodwill 15,11015,19415,65615,91015,958

Visa Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Visa Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.